TLDR
- Rubrik (RBRK) hit a new 52-week low of $46.00, last trading at $48.34
- CFO Kiran Kumar Choudary sold 122,613 Class A shares for $5.9M on March 24
- Q4 revenue came in at $377.7M, up 46.3% year-over-year, beating estimates
- Multiple analysts cut price targets, though Wall Street consensus remains “Moderate Buy” with an average target of $89.10
- Insiders have sold nearly 100,000 shares worth over $6.2M in the past three months
Rubrik’s CFO Kiran Kumar Choudary sold 122,613 Class A shares on March 24, 2026, at $48.1957 per share, totaling $5,909,419. On the same day, he also converted 212,188 Class B shares to Class A.
The sale came as the stock touched a new 52-week low of $46.00. That’s a steep drop of 42% from the 52-week high of $103, reached earlier in the year.
The CFO’s sale is not the only insider activity worth noting. Director John Wendell Thompson sold 11,000 shares on March 2 at $53.62, cutting his position by over 70%. Insider Brian K. McCarthy also sold 10,000 shares back in January at $70.88.
In total, insiders have offloaded roughly 99,693 shares valued at over $6.2M over the past three months. Company insiders still hold 32.38% of the stock.
Despite the insider selling, Rubrik’s Q4 numbers were actually solid. The company reported EPS of $0.04, well ahead of the analyst estimate of -$0.11. Revenue hit $377.7M, up 46.3% year-over-year and about 5% above FactSet consensus estimates.
Analyst Targets Keep Moving Lower
The earnings beat hasn’t stopped analysts from trimming their targets. Goldman Sachs cut its price target from $120 to $80 in February. Truist dropped from $110 to $80. Baird moved from $125 to $110, and BMO cut from $105 to $70.
Still, the overall analyst stance hasn’t flipped bearish. Of 26 analysts covering the stock, 23 have a Buy rating, one rates it a Strong Buy, one says Hold, and one says Sell. The average price target sits at $89.10 — nearly double where the stock trades today.
BTIG initiated coverage with a Buy rating, citing strong revenue growth prospects. CIBC lowered its target from $130 to $110 but kept an Outperformer rating.
The stock’s 50-day moving average is $55.62 and its 200-day sits at $69.59 — both well above the current price.
New Products and Partnerships
On the product side, Rubrik has been active. The company launched an integration with Microsoft Defender, connecting identity threat detection with automated recovery. It also introduced SAGE, its Semantic AI Governance Engine, designed to secure autonomous AI agents in real time.
Rubrik also launched data protection for Google Workspace, covering Gmail and Google Drive with immutable, air-gapped backups.
For Q1 FY2027, management guided EPS in the range of -$0.04 to -$0.02. Full-year FY2027 guidance is $0.07 to $0.27 EPS.
Analysts currently forecast full-year EPS of -$7.66 for the current fiscal year.
The stock carries a market cap of $9.53 billion, a P/E ratio of -26.87, and a beta of 0.45.
Institutional ownership stands at 49.54%, with HSBC raising its stake by 712.4% in Q4.
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